Dan Kaercher

Dan Kaercher

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Closed

$385,000

($32,368 down)
VA

16 Misty Manor Road, Drake, CO 80515

2
1
936 sqft
PITI Monthly
$2,534.99 /mo

Listing courtesy of: Jill Leichliter, RE/MAX Alliance-Loveland

Assumed Rate

6.36%
7.15%

Principal & Interest

$2,267 /mo
$2,458 /mo

What's Special

SPACIOUS
MOVE-IN READY
MODERN
FIREPLACE
CHARMING
COZY
FULLY FURNISHED

Find your sanctuary here! This 4 season, fully furnished cabin near the Big Thompson River is truly special. Built in 1947, charmingly decorated with a nod to Mid-Century Modern and 1940's glamour, this log-sided cabin is turn-key and move-in ready. Enjoy cozy, winter evenings by the gorgeous fireplace in the living room or summer evenings on the spacious, heated screened porch perched below huge rock formations. Views of the river from the front windows and a short walk to river access and world class fishing. Seven minute drive to downtown Estes Park and 13 minutes to RMNP. There is room to build another bedroom in the basement. Seller's flood insurance is $1700 per year through Lloyds of London. Larimer County will not allow this home to be used as a short term rental.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.36
Remaining Loan Term
27 years, 10 months
Monthly PITI
$2,534.99/mo
Estimated Loan Balance
$358,002
Cash to close
$32,368
Interest Paid
$49,551

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Propane, Wood Stove
Features
  • Materials: Wood Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Cistern
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Loveland Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Drake

Financial Details

  • Price per Sqft: $411.32
  • Tax Annual Amount: $1412
  • On Market Date: 2024-05-18T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $32,368 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $32,368!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$352,632
Your Cash$32,368
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$2,267/mo
Traditional @ 7.5%
$2,550/mo
You save $283/month ($3,394/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1009920

Listing From: recolorado

Last updated: 2024-10-01T18:05:20.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.36%
7.15%

Principal & Interest

$2,267 /mo
$2,458 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $32,368 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $32,368!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$352,632
Your Cash$32,368
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$2,267/mo
Traditional @ 7.5%
$2,550/mo
You save $283/month ($3,394/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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